Rarely available studio residence with an enormous private terrace! Upon entering, you will be drawn to the lovely outdoor space that wraps around this corner apartment, offering seamless indoor/outdoor living. Boasting two separate areas for dining and lounging, time will slow down while you enjoy your morning coffee, intimate dinners, or a good book under the sun. Makeover highlights include new floors, reed fencing, additional power outlets, and fitted planters along the wall. Inside, you will love the flawless renovation, cleverly designed to maximize space and comfort. The windowed kitchen has custom-built cabinets, tile backsplash, and top-of-the-line appliances, including a wine fridge. An expanded extra-deep double hanging closet allows for clothing to be rotated between seasons. An elegant wall unit with shelves and drawers gracefully accommodates a queen-size Murphy bed. Additional features include a windowed bathroom, wide plank wood floors, and generous closets. The Piermont is a postwar building with a friendly and helpful staff. The cooperative has a 24-hour doorman, live-in resident manager, landscaped common roof deck, and central laundry room. Located in prime Chelsea, moments to all your needs including shopping, dining, and super convenient transportation. Sorry – no dogs, but cats are welcome. There is a $105. 39 monthly assessment in place until 12/24.
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Our Executive Mortgage Banker:
Our Insurance Division:
$635,000
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
VP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 347.223.0992
Sarah.Alvarez@Raveis.com
NMLS Mortgage Loan Originator ID 1880936
5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $508,000 | $508,000 | $508,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.000% | 6.990% | 6.250% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.815% | 7.159% | 6.538% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $3,380 | $3,376 | $4,356 |
Total Monthly Payment | $3,472 | $3,468 | $4,448 |
* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.
** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.
The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.